Makrognosis

Italy National CPI inflation, y/y % as published (incl. flash/avance)

MonthlyNot seasonally adjustedCode IT.IPCINFL.M.NSA

Latest5.4%October 2026
Previous4.2%September 2026
Year ago1.2%October 2025

Italy National CPI inflation, y/y % as published (incl. flash/avance) was 5.4% in October 2026, up 1.2 percentage points from September 2026 and up 4.2 percentage points from a year earlier.

That is the highest reading since August 2023.

Among the 20 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from −0.6% (Sep 2020) to 11.8% (Oct 2022), averaging 2.3%.

Italy National CPI inflation, y/y % as published (incl. flash/avance) (Annual rate of change), Jan 2016 – Oct 2026−2.5%0.0%2.5%5.0%7.5%10.0%12.5%201620182020202220242026Robomacro
Italy National CPI inflation, y/y % as published (incl. flash/avance) (Annual rate of change), Jan 2016 – Oct 2026. Source: Italian National Institute of Statistics (ISTAT).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
October 20265.4%
September 20264.2%
August 20263.3%
July 20262.9%
June 20263.0%
May 20263.2%
April 20262.7%
March 20261.7%
February 20261.5%
January 20261.0%
December 20251.2%
November 20251.1%
October 20251.2%
September 20251.6%
August 20251.6%
July 20251.7%
June 20251.7%
May 20251.6%
April 20251.9%
March 20251.9%
February 20251.6%
January 20251.5%
December 20241.3%
November 20241.3%

Last 24 observations. The full history (130 observations) is available through the API.

Get Italy National CPI inflation, y/y % as published (incl. flash/avance) in your code or spreadsheet

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curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IT.IPCINFL.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.IPCINFL.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
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About this series

Latest observationOctober 2026
First observationJanuary 2016
Observations130
FrequencyMonthly
UnitsAnnual rate of change
AdjustmentNot seasonally adjusted
10-year high11.8% (Oct 2022)
10-year low−0.6% (Sep 2020)
10-year average2.3%
Source agencyItalian National Institute of Statistics (ISTAT)
Makrognosis codeIT.IPCINFL.M.NSA

National CPI inflation, y/y % as published (incl. flash/avance): how Italy compares

#EconomyPeriodLatest
1RomaniaAug 20266.2%
2GreeceOct 20265.7%
3BulgariaSep 20265.7%
4ItalyOct 20265.4%
5BelgiumOct 20265.3%
6SpainOct 20264.9%
7CroatiaSep 20264.7%
8CyprusOct 20264.4%
9IrelandOct 20264.3%
10EstoniaOct 20264.2%
11PortugalOct 20263.8%
12NetherlandsOct 20263.7%
13AustriaSep 20263.6%
14FranceOct 20263.4%
15LatviaOct 20263.1%
16GermanyOct 20262.8%
17FinlandSep 20262.5%
18Czech RepublicOct 20262.4%
19DenmarkOct 20262.2%
20HungaryOct 20262.0%

National CPI inflation, y/y % as published (incl. flash/avance) by country: all 20 economies ranked →

Other Italy indicators

Italy GDP (Gross Domestic Product)Italy Gross domestic product, Current prices, million EURItaly Inflation Rate (CPI)Italy Core Inflation RateItaly Unemployment RateItaly 10-Year Government Bond YieldItaly Credit Rating & Sovereign Risk ScoreItaly Industrial ProductionItaly Retail SalesItaly Producer Price Inflation (PPI)Italy Current account balance (BPM6, vs rest of world), not seasonally adjustedItaly Current account balance, % of GDPItaly Trade Balance: Goods & ServicesItaly Exports of goods and services, Current prices, million EURItaly Exports of goods and services, chain-linked volumeItaly Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current national CPI inflation, y/y % as published (incl. flash/avance) in Italy?
The latest reading is 5.4% for October 2026, published by Italian National Institute of Statistics (ISTAT).
Where does this data come from?
It is collected directly from Italian National Institute of Statistics (ISTAT) and is available through the Makrognosis API under the code IT.IPCINFL.M.NSA.

Last updated 2026-11-10. Source: Italian National Institute of Statistics (ISTAT). Original title: “Italy CPI inflation (Istat national NIC), annual % change as published (167_744 through 2025-12, 167_745 from 2026-01; flash/final on this key)”.